Shares of Westaim Corp. (OTCMKTS:WEDXF – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $16.45 and last traded at $16.45, with a volume of 5100 shares changing hands. The stock had previously closed at $16.65.
Westaim Trading Down 3.9%
The business’s fifty day simple moving average is $19.36 and its 200 day simple moving average is $21.22. The stock has a market cap of $536.83 million, a price-to-earnings ratio of -11.43 and a beta of 0.20.
Westaim (OTCMKTS:WEDXF – Get Free Report) last released its earnings results on Thursday, November 13th. The company reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.19). Westaim had a negative net margin of 118.02% and a negative return on equity of 5.51%. The company had revenue of $14.00 million during the quarter, compared to analyst estimates of $1.62 million.
About Westaim
The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions.
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